Guideline Value for VANAVIL ARUNDHATHI AVENUE

Vanavil Arundhathi Avenue guideline value

The current guideline value of Vanavil Arundhathi Avenue is Rs 1,000 per sq.ft, effective from 1 July 2024. This street is located in Kalvai village under the Thiruporur SRO and is classified as Residential Special Type - IV.

How the guideline value of Vanavil Arundhathi Avenue has changed

The guideline value for Vanavil Arundhathi Avenue has remained consistent in the recent revisions. In the 2023 revision, the value was Rs 1,000 per sq.ft, and this figure has not changed in the 2024 revision, which also lists it at Rs 1,000 per sq.ft. There are no figures for this street in the revisions from 2017, 2012, 2007, 2003, and 2002.

Since the 2023 to 2024 revision shows a change of +0%, the guideline value has stayed stable. This consistency indicates that the valuation for this street has not fluctuated in recent years.

Guideline values in Kalvai

In Kalvai village, 31 streets under the Thiruporur SRO have a 2024 guideline value ranging from Rs 400 to Rs 3,000 per sq.ft, with the median value being Rs 1,000 per sq.ft. The guideline value of Vanavil Arundhathi Avenue aligns with this median.

• Vsp Sun Shine Phase I: Rs 1,800 per sq.ft (2024)
• Sri Yohan City: Rs 600 per sq.ft (2024)
• Sri Vengadeshwara Nagar: Rs 400 per sq.ft (2024)
• Sri Sathiya Sai Nagar: Rs 400 per sq.ft (2024)
• Sri Sainathapuram: Rs 1,000 per sq.ft (2024)
• Sri Sai Baba Nagar: Rs 600 per sq.ft (2024)

Stamp duty and registration fee for property in Vanavil Arundhathi Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 1,000 per sq.ft, the total guideline value amounts to Rs 10,00,000. The stamp duty at 7% would be Rs 70,000, and the registration fee at 2% would be Rs 20,000, bringing the total cost for these fees to Rs 90,000. Duty is charged on the higher of the guideline value or the sale price.

You can also use our stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Vanavil Arundhathi Avenue?

The Sub Registrar Office that covers Vanavil Arundhathi Avenue is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Kalvai

The guideline value plays a crucial role in the registration process when buying or selling property in Kalvai. It serves as a benchmark for determining the value of a property, ensuring that the transaction is recorded accurately in the land records.

When registering a property, the guideline value is used to calculate the applicable stamp duty and registration fees. This ensures that both the buyer and seller adhere to the legal requirements set forth by the Registration Department.

Frequently asked questions

What is the current guideline value of Vanavil Arundhathi Avenue?

The current guideline value of Vanavil Arundhathi Avenue is Rs 1,000 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value for Vanavil Arundhathi Avenue has remained at Rs 1,000 per sq.ft in both the 2023 and 2024 revisions. There are no figures available for this street in the revisions from 2017, 2012, 2007, 2003, and 2002.

What are the stamp duty and registration fees for property in this area?

For a property valued at Rs 10,00,000, the stamp duty would be Rs 70,000 and the registration fee would be Rs 20,000, totaling Rs 90,000. These fees are based on the guideline value or the sale price, whichever is higher.

Which Sub Registrar Office covers this street?

The Thiruporur Sub Registrar Office covers Vanavil Arundhathi Avenue. It is located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

What is the land classification of Vanavil Arundhathi Avenue?

Vanavil Arundhathi Avenue is classified as Residential Special Type - IV. This classification is important for understanding the regulations and potential uses of the property.